705 Margie StWallisTX77485
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Wallis at 705 Margie St, Wallis, TX, 77485 generates $1,331/mo in rent and, after a $793/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,331/mo, and annual cash flow is $2,147/yr on $53,703 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.86% on a $162,000 entry. Equity gained on principal adds $1,045/yr, while 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 125.5% and total cumulative return in cash sums $67,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,331/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
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